GAO-10-806SP: Nonprime Mortgages: Data on Loan Performance by Cohort Year, Product Type, and Location, an E-supplement to GAO-10-805

U.S. Government Accountability Office

Number and Percentage of All Nonprime Loans Originated in 2006 in Different Status Categories at Year-End Through December 31, 2009

Year End Total Prepaid
Current
Delinquent
In Default
In the Foreclosure Process
 Completed the Foreclosure
Process		 Unknown
Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans
2006 3,119,981 100.0 149,673 4.8 1,993,066 63.9 188,139 6.0 31,812 1.0 29,427 0.9 6,302 0.2 721,562 23.1
2007 3,119,981 100.0 530,240 17.0 1,800,402 57.7 312,712 10.0 140,141 4.5 174,289 5.6 123,617 4.0 38,580 1.2
2008 3,119,981 100.0 738,227 23.7 1,141,565 36.6 296,926 9.5 246,144 7.9 267,755 8.6 395,859 12.7 33,505 1.1
2009 3,119,981 100.0 825,999 26.5 813,964 26.1 197,447 6.3 335,374 10.7 292,475 9.4 624,934 20.0 29,788 1.0

Source: GAO analysis of CoreLogic LP data.

(Number and Percentage of Alt-A Loans Loans Originated in 2006 in Different Status Categories at Year-End Through December 31, 2009)

(Number and Percentage of Subprime Loans Originated in 2006 in Different Status Categories at Year- End Through December 31, 2009)

(Status of Nonprime Loans Originated from 2004 through 2007 as of Year-End 2004 through 2009)

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